It wasn’t a great year for Tesla when it came to its solar products, though its battery and storage business boomed in 2023.
The final quarter of 2023 continued a trend seen throughout the year where solar deployments decreased from previous quarters. In its Q4 earnings report, Tesla reports it deployed 41 megawatts of solar, a 16% decline from the previous quarter. When compared year-over-year, solar deployments took a 59% dive from 100 megawatts in Q4 2022.